UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): December 18, 2017
DIME COMMUNITY BANCSHARES, INC.
(Exact name of the registrant as specified in its charter)
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Delaware
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000-27782
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11-3297463
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(State or other jurisdiction of incorporation or organization)
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(Commission File Number)
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(IRS Employer Identification No.)
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300 Cadman Plaza West, 8th Floor
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Brooklyn, New York
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11201
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(Address of principal executive offices)
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(Zip Code)
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(718) 782-6200
(Registrant’s telephone number)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c)
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
On December 18, 2017, Dime Community Bancshares, Inc. announced that its subsidiary, Dime Community Bank (the “Bank”) completed the securitization of $280 million of its multifamily loans through a Freddie Mac sponsored “Q-deal” securitization. The Structured Pass-Through Certificates that were issued were purchased by the Bank as available-for-sale securities. The Bank will continue to maintain the borrower relationships as the sub-servicer of the loans. A copy of the press release announcing the completion of the securitization is included herewith as Exhibit 99.1 and is incorporated by reference herein.
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Financial Statements and Exhibits
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99.1
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Press release of the Registrant, dated December 18, 2017, containing a discussion of the loan securitization
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Dime Community Bancshares, Inc.
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(Registrant)
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/s/ JAMES L. RIZZO
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James L. Rizzo
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Senior Vice President & Comptroller
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(Principal Financial Officer)
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Dated: December 19, 2017
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INDEX TO EXHIBITS
Exhibit Number
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Press release of the Registrant, dated December 18, 2017, containing a discussion of the loan securitization
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